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Modern Strip Mall For Sale
For Sale
$2,500,000

905 Remington Road, Mattoon, IL 61938

Built in 2017, this strip mall offers great investment potential.

Property Size9,938 SF
Lot Size2.38 Acres
Price / SF$251.56
Days on Market104

Property Features for 905 Remington Road

General Information

Standard status Active
Size 9,938 SF
Total Parking Spaces 40
Lot size 2.38 Acres
Zoning COM

Taxes and HOA fees

Annual Taxes $55,761

Amenities

One
yes
1
Gas Water Heater
Central Air
Forced Air, Gas
Public Records
Rubber
Public Sewer
3 Phase
no
Business Park
Public
2.38
40
Acres
Concrete
Slab
103673
Brick, Vinyl Siding

Building Details

Year Built 2017
Stories 1
Listing Agency: RE/MAX Key Advantage
Listed By: Josh Burgener · License #000000000
Source: Jburgenerrealty.idxbroker
Added: May 19 Changed: Aug 23 Last Checked: Aug 29 at 5:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Key Advantage

Investment Insights

Based on property information with market context.

This strip mall, constructed in 2017, is available for purchase. Situated on 2.38 acres at the intersection of Dettro and Remington Road, the property benefits from its accessibility to the interstate, various large retail stores, and dining establishments. The building has a total area of 9,938 square feet and is built on a slab foundation. It is equipped with 3-phase electric power, central air conditioning, and gas services, making it suitable for a range of commercial uses.

Key Highlights

  • Excellent location with great access to the interstate, big box stores, and restaurants.
  • Modern construction: Built in 2017.
  • Substantial building size: 9,938 square feet.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 61938, IL

20,768
Population
10,299
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
126.5 sq mi
ZIP Area
164
Density / Sq Mi
$54,288
Median Household Income
$39,651
Median Earnings
$771
Median Rent
$109,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Strip mall - Built in 2017, this strip mall offers great investment potential.
Where is this strip mall located?
The property is located at 905 Remington Road Mattoon, IL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Excellent location with great access to the interstate, big box stores, and restaurants.; Modern construction: Built in 2017.; Substantial building size: 9,938 square feet.
More about this property
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